Decree on Proclamation of the Law on Microcredit Organizations

Publication Date: 11 Oct 2000
Document Type: Other (PDF)

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A rule book for microcredit organizations in Bosnia and Herzegovina

This is an official document discussing the rules and regulations for microcredit organizations in Bosnia. The document is divided in six sections, with each containing various articles discussing different rules:

Section I and II discuss:

• General provisions and the purpose of a microcredit organization;
• Ways and means of establishing such organizations;
• Various activities and obligations associated with these organizations.

Section III and IV deal with:

• The procedures for registrations and points for consideration while registering these organizations;
• Laws regarding mergers and termination.

Section V and VI highlight:

• Laws regarding the penal interest for violating the prescribed guidelines;
• Deadlines in terms of time taken so as to bring out any changes in the organizational structure.